Aramark (NYSE: ARMK) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.
Aramark (NYSE: ARMK) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ARMK is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Aramark has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Aramark has a neutral Appreciation Score of 50 but a good Power Rating of 76, leading to the Positive Value Trend Rating.
Recent Price Action
Aramark (NYSE: ARMK) stock closed at $33.10 on 7/15/24 after a decline of -2.0%. NORMAL trading volume accompanied the decline. The stock has risen 2.0% during the last week and has been strong relative to the market over the last nine months.
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